Nuvve receives Nasdaq non-compliance notice for board independence gap after director resignation

Nuvve Holding Corp.

Angela Strand resigned from board and audit committee effective Apr 1, 2025, triggering non-compliance.
Board now has 4 directors, only 2 independent; audit committee has only 2 independent (needs 3).
Nasdaq granted cure period until Sep 29, 2025 or next annual meeting to regain compliance.
Company intends to appoint an additional independent director within the cure period.
No immediate impact on trading of NVVE common stock or NVVEW warrants.

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